| Classification | E-BOOK |
| Title | THE REAL AND ACCRUALS EARNINGS MANAGEMENT: SATU PERSPEKTIF DARI TEORI PROSPEK |
| Edition | |
| Call Number | |
| ISBN/ISSN | |
| Author(s) | Imam Subekti Anita Wijayanti Komarudin Akhmad |
| Subject(s) | abnormal cash flow of operation, abnormal producti |
| Series Title | GMD | Jurnal Ilmiah |
| Language | Indonesia |
| Publisher | |
| Publishing Year | |
| Publishing Place | |
| Collation | |
| Abstract/Notes | |
| Specific Detail Info | The present study aims to investigate earnings management behavior measured by real and accruals transactions i.e. abnormal cash flow of operation, abnormal production cost, abnormal discretionary, short-term discretionary accruals, and long-term discretionary accruals. The study apllies a perspective of prospect theory. One prediction of prospect theory is that managers tend to manage earnings to avoid earnings negative. It means that positive earnings around zero is earnings managed to avoid negative earnings. The present study classifies samples become identified firms and unidentified firm engaging in earnings management based on EPS distribution. It is different with previous studies using ROA distribution. Distribution EPS is more usefullness for Indonesian’s investors especially minority shareholders beacuse EPS has more function than ROA to predict future return. The EPS distribution is based on exchange rate between Rupiah and US Dollar, and between Rupiah and EURO as sensitivity analysis. The present study also applies an adjusment on each model of earnings management proxy in order to obtain better regression parameter of the models. Result of the present study shows that most of Indonesian publilc firms tend to manage earnings based on real transactions than accruals transactions. All proxies of real earnings management support hypothesis that positive earnings around zero are managed through the real transactions. On contrary, only long-short discretionary accruals which support hypothesis revealing that positive earnings around zero is managed through accruals accounts. These results are consistent with sensitivity analysis based on exchange rate between Rupiah and EURO. |
| Image |  |
| File Attachment | LOADING LIST... |
| Availability | LOADING LIST... |
| Back To Previous |